Pentwater Capital Makes a Nice Play on CELGENE This Year

In the 1st quarter of 2019, they invested $923,117,000 into the company, representing 22.05% of their holdings, and although it looks like they got cold feet in the 2nd quarter, cutting the position by 41%, they added back 8% in the 3rd, so it still remained a relatively large position on their balance sheet going into this merger, representing 17.08% of their portfolio.
View their holdings

Leave a Reply

%d bloggers like this: